Kusama Parachain Auctions: Second Batch Candidates, part 3.
Crust Shadow is a “Kusama” version of Crust Network, providing storage functions to other Kusama parachains, and will be upgraded with the development of Kusama.
Total Initial Supply: 200 million
PLO reward pool:
80,000 CRU + 80 million CSM (20%)
Reward ratio: 1 KSM : 1 CRU + 1,000 CSM
30% of the reward will be released immediately, and 10% will be released for each subsequent lease period (each 6 weeks).
Kintsugi is Interlay’s canary network for interBTC, a testnet with real economic value deployed on Kusama. Kintsugi and interBTC share the same code base — with the difference that Kintsugi will be 2–3 releases ahead of interBTC with more experimental features.
InterBTC is Interlay’s flagship product — Bitcoin on any blockchain. A 1:1 Bitcoin-backed asset, fully collateralized, interoperable, and censorship-resistant. interBTC will be hosted as a Polkadot parachain and connected to Cosmos, Ethereum and other major DeFi networks.
- kBTC is a 1:1 Bitcoin-backed asset on the Kintsugi canary network, deployed on Kusama.
- KINT is the native token of the Kintsugi parachain on Kusama.
KINT has an unlimited supply.
● 10 million KINT over the first 4 years (40:30:20:10 million)
● 2% annual inflation afterwards, indefinitely.
Total Initial Supply
10 million KINT
Crowdloan (10%). KINT airdropped to the community at launch, using the public crowdloan voting data as distribution mechanism.
Crowdloan In-Protocol Rewards (2%). KINT airdropped to crowdloan participants who actively use Kintsugi, running Vaults and minting kBTC, distributed over the parachain lease period.
Crowdloan cap: 200 000 KSM
Minimum Reward ratio (200 000 KSM are locked ): 1 KSM : 3.75 KINT
Reward pool: 1 000 000 KINT
- Early: 5% for first 3 days of crowdloan
- Referral: 5% for referrer and referred
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- Success: up to 100 000 additional $KINT if specific KSM lockup targets achieved:
Reward ratio with bonuses: 1 KSM : 4.5 KINT if 200 000 KSM are locked (excluding referral)
Any KINT not used for the Core, Early, Referral and Success Airdrop will be distributed proportionally among all participants, further increasing the ratio of KINT per locked KSM.
Linear vesting for the period of the parachain slot lease.
Composable Finance is a cross-chain and cross-layer interoperability platform. It serves as a hyper-liquidity infrastructure layer for DeFi assets, powered by Layer 2 Ethereum and Polkadot.
Picasso is a parachain of Kusama, that aimed to bring DeFi into Polkadot early, before the release of cross-chain message passing. Thus, Composable will be one of the first projects in this ecosystem to deliver dApps like options protocols, lending protocols, and others.
Total token supply: 10 billion PICA.
Crowdloan reward pool: 2 billion PICA
In case of obtaining parachain slot, PICA rewards will be distributed pro rata to their share of the total KSM contributed.
- 5% bonus for contributors of the first 12 hours
- 10% bonus for stakers in the first 3 days of crowdloan
- 20% referral bonus on PICA earnings if reffered participants contribute at least 100 KSM.
Participate here: https://crowdloan.composable.finance/ and submit the referral code: AyakrZ
The crowdloan stakers will earn 50% of their PICA upon TGE, with the remainder being released linearly within 48 weeks.
Intergritee is a scalable public blockchain solution for securely processing sensitive business or personal data.
Intergritee enables developers and firms to create decentralized data-driven apps and services that can securely process sensitive data, without revealing it on chain. Platform combines the trust of blockchain with the confidentiality of off-chain, trusted execution environments (TEEs).
Hard-cap token supply at genesis: 10 million TEER
Token Generation Event (TGE): Planned before the end of 2021
Token Burn Mechanism:
A portion of the fees paid to the treasury for each transaction will be burned. This will have a deflationary effect, reducing the supply and thereby driving growth in the value of TEER, other factors being equal.
Third-party developers can use our scalable, second-layer side chains to host their projects. Integritee will offer proportional discounts in fees to projects which lock in TEER on the Integritee parachain. This will slow down token velocity, further stimulating token value.
Reward pool: 1 million
Reward ratio = Your KSM contribution / Total KSM contribution x 1,000,000 TEER
Vesting: TEER will be vested linearly during the 48-week lease period, starting shortly after winning a slot.
In case of not winning a parachain: Integritee will continue to bid in subsequent auctions until it has won a lease, or until the end of our crowdloan campaign. If that happens all KSM tokens will be released to their owners.